Raleigh

Legal Notice

SCHEDULE OF PROPOSED LEVY RATES
RALEIGH COUNTY BOARD OF EDUCATION
For the Fiscal Year Ended June 30, 2026

The above named county board of education, having ascertained that the amount to be raised by a levy of taxes for the purposes and within the limits prescribed by statute or authorized by voters, does hereby propose to adopt the following levy rates to be laid on each one hundred dollars of assessed valuation of each class of property:

Column E Current Expense Levy

Certificate of Valuation
Assessed Value Levy Taxes
for Tax Purposes Rate/$100 Levied
CLASS I
Personal Property $ – 19.40 $ –
Public Utility – –
Total Class I $ – $ –

CLASS II
Real Estate $ 1,451,906,690 38.80 $ 5,633,398
Personal Property 18,594,016 72,145
Total Class II $ 1,470,500,706 $ 5,705,543

CLASS III
Real Estate $ 614,666,440 77.60 $ 4,769,812
Personal Property 754,435,428 5,854,419
Public Utilities 274,214,363 2,127,903
Total Class III $ 1,643,316,231 $ 12,752,134

CLASS IV
Real Estate $ 341,228,260 77.60 $ 2,647,931
Personal Property 176,643,428 1,370,753
Public Utilities 46,385,503 359,952
Total Class IV $ 564,257,191 $ 4,378,636

Total Assessed Valuation and
Projected Gross Tax Collections $ 3,678,074,128 $ 22,836,313

Less Allowance for Uncollectibles, Exonerations
and Delinquencies 7.00% (1,598,542)

Less Allowance for Tax Discounts 2.00% (424,755)

Less Allowance for Tax Increment Financing – see worksheet
(Subtracted from regular current expense tax levy only) (535,596)

Net Projected Tax Collections, before allowance for
Assessor’s Valuation Fund 20,277,420

Less – Allowance for Assessor’s Valuation Fund 2.00% (405,548)
(Subracted from regular current expense tax levy only)

Projected Net Taxes to be Collected $ 19,871,872

Note: Copies of all approved excess and/or bond levy orders and certified copies of the canvass of votes must be on file with the State Auditor’s Office and the State Department of Education before excess or bond levy rates can be approved.

SIGNED THIS 11th DAY OF MARCH, 2025 BY
Serena L. Starcher SECRETAY OF THE BOARD OF EDUCATION

SCHEDULE OF PROPOSED LEVY RATES
RALEIGH COUNTY BOARD OF EDUCATION
For the Fiscal Year Ended June 30, 2026

SIGNED THIS 11th DAY OF MARCH, 2025 BY
Serena L. Starcher SECRETAY OF THE BOARD OF EDUCATION

SCHEDULE OF PROPOSED LEVY RATES
ALLOWANCE FOR TAX INCREMENT FINANCING
RALEIGH COUNTY BOARD OF EDUCATION
For the Fiscal Year Ended June 30, 2026

Column C Current Expense Levy

Roll Back Levy Taxes
Value Form Rate/$100 Levied
CLASS I
Personal Property $ – 19.40 $ –
Public Utility – –
Total Class I $ – $ –

CLASS II
Real Estate $ 120,439,220 38.80 $ 467,304
Personal Property – –
Total Class II $ 120,439,220 $ 467,304

CLASS III
Real Estate $ 15,510,180 77.60 $ 120,359
Personal Property – –
Public Utilities – –
Total Class III $ 15,510,180 $ 120,359

CLASS IV
Real Estate $ – 77.60 $ –
Personal Property – –
Public Utilities – –
Total Class IV $ – $ –

Total Value & Projected Revenue $ 135,949,400 $ 587,663

Less Allowance for Uncollectibles, Exonerations
and Delinquencies 7.00% (41,136)

Less Allowance for Tax Discounts 2.00% (10,931)

Allowance for Tax Increment Financing 535,596

SIGNED THIS 11th DAY OF MARCH, 2025 BY
Serena L. Starcher SECRETAY OF THE BOARD OF EDUCATION

ID: 861259

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